Business Environment: Strategies for Internationalisation and Decision-Making

Business Environment

Table of Contents
INTRODUCTION...........................................................................................................................1
Part 1................................................................................................................................................1
Covered in PPT...........................................................................................................................1
Part 2................................................................................................................................................1
1. Structure, culture and governance of organisation .................................................................1
2. Evaluation of ethical and sustainable factors that in a global market.....................................2
3 Application of Hofstede’s Dimensions of culture to show a critical evaluation of the
influences of globalisation on the international organisation.....................................................3
4. Ways by which decision-making can work effectively in a global context............................4
5. Determine and articulate the various routes to internationalisation an organisation may
adopt, including key barriers.......................................................................................................5
CONCLUSION ...............................................................................................................................5
REFERENCES................................................................................................................................7

INTRODUCTION
Business environment denotes internal as well as external factors which creates an impact
in the ways firm carry out their functions, business regulations, customers, employees,supply &
demand and management (Amran, Lee and Devi, 2014). Globalisation denotes process of
integration of markets within global economy that will lead to enhanced interconnectedness of
national economies. It is a process that drives investment along with international trade which is
driven by information technology. This report is based on Sasol Limited which was founded in
1950 and is headquartered in South Africa. They are liable for developing as well as
commercialising technologies which includes synthetic fuel technologies as well as furnish
distinct chemicals, electricity and liquid fuels. This report comprises of McKinsey's 7s model,
ethical & sustainable factors, hofstede's dimensions, ways of decision-making and strategies for
internationalisation.
Part 1
Covered in PPT
Part 2
1. Structure, culture and governance of organisation
It is very important to analyse structure, culture and governance of SASOL Limited in
order to survive and sustain at marketplace for positive outcomes. The model used are as
follows:
McKinsey's 7S Model
This is defined as framework which is used by business in order to analyse organisational
design (Caiazza, Shimizu and Yoshikawa, 2017). It contains seven elements to know whether
firms are effectively aligned and focus on achievement of business goal and objectives. They are
described below:
Strategy- SASOL Limited has to formulate proper strategy in order to achieve
competitive advantage and compete at marketplace. The best strategy should be selected so that
set outcome can be attained without any issues.
1